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Prospect News home > News index > List of issuers B > Headlines for Bancolombia, SA > News item
Published on 9/23/2014 in the Prospect News Emerging Markets Daily.

Colombia’s Bancolombia may issue COP 1 billion of subordinated notes

By Susanna Moon

Chicago, Sept. 23 – Bancolombia SA said it plans to issue up to COP 750 million of subordinated notes, with the possibility of upsizing the issue to COP 1 billon.

The notes will be offered in three series due in 10, 15 and 20 years, according to a press release.

The Medellin, Colombia-based bank said it plans to issue a total of up to COP 3 billion of subordinated notes under a program approved by its board of directors in May 2012.


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